Market Overview:
The global oil platform market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of X%. The growth of the market can be attributed to the increasing demand for oil and gas across the globe. Moreover, the growing exploration and production activities in offshore areas are also contributing to the growth of the market. The global oil platform market is segmented on the basis of type, application, and region. On the basis of type, it is divided into fixed platforms, semi-submersible platforms, floating platforms, and others. On the basis of application, it is classified into lakes, inland seas,, inshore waters,, and others. Regionally speaking,, North America dominates th eglobal oil platform ma rket followed by Europe Asia Pacific , Latin America ,and Middle East & Africa . Some o fthe key players operating in this mar ket include BP Plc., Royal Dutch Shell plc.
Product Definition:
An oil platform is a man-made structure used to extract natural gas and oil from beneath the earth's surface. They are typically large, cylindrical structures that are placed in the ocean over an area where there is believed to be large reserves of oil or gas.
Fixed Platforms:
Fixed platforms are used in the oil & gas industry for various operations such as drilling, well testing, and production. The global fixed platforms market is expected to witness significant growth over the forecast period owing to increasing demand for crude oil across major economies including China, India, Japan and South Korea. Growing energy needs due to population explosion coupled with depleting onshore reserves has led companies towards offshore locations which will further boost product demand over the next seven years.
Semi-submersible Platforms:
A semi-submersible platform is a vessel, which can be used to carry out operations on the seabed. It is also known as a subsea mobile offshore drilling platform (MSOP), and consists of an above-water section that can be connected to the seabed by means of a umbilical.
The main purpose of using MSOPs is to reduce the cost and time required for oil extraction from beneath the surface of water bodies.
Application Insights:
On the basis of application, the global oil platform market has been segmented into lakes, inland seas, offshore water and others. Lakes accounted for a significant share in 2017 owing to increasing use of these platforms for exploration and production activities in freshwater bodies across China, Brazil and Mexico. In addition, growing demand for onshore facilities at a domestic level is expected to augment investments by 2019 in order to cater to rising requirements over the forecast period.
Inland seas are anticipated to witness growth at a CAGR of XX% from 2018to 2030 owingto increased development activities along with shale gas projects off Argentina which will propel product demand over the next seven years. The Asia Pacific region is estimated to account for more than 50% of total offshore water production due largelyto favorable government policies related towards energy security as well as environmental protection coupled with high population density along with existing coal-fired power plants will drive product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a significant increase in demand for oil platforms over the past few years owing to rapid economic growth, increasing population, and rising energy requirements.
The Middle East & Africa accounted for a major share of global revenue in 2017 due to growing offshore activities mainly in Nigeria, Angola, Egypt, South Africa and Saudi Arabia. In addition there has been an increase in onshore developments such as shale gas projects which have led to higher demand for oil platforms across this region as well. Rising investments from foreign players are anticipated to boost regional growth further.
Growth Factors:
- Increasing demand for oil and gas due to population growth and industrialization in developing countries
- Rising investment in oil and gas exploration and production
- Proliferation of new oilfield development technologies
- Growing focus on renewable energy sources such as solar, wind, and hydroelectric power which are expected to reduce the demand for oil in the long run
- Stringent environmental regulations that promote the use of more efficient offshore drilling platforms
Scope Of The Report
Report Attributes
Report Details
Report Title
Oil Platform Market Research Report
By Type
Fixed Platforms, Semi-submersible Platforms, Floating Platforms, Others
By Application
Lakes, Inland Seas, Inshore Water, Others
By Companies
Kvaerner, Ramboll, Mammoet, Keppel, Brasbauer, Wintershall Dea, MODEC, SBM Offshore, BW Offshore
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Oil Platform Market Report Segments:
The global Oil Platform market is segmented on the basis of:
Types
Fixed Platforms, Semi-submersible Platforms, Floating Platforms, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Lakes, Inland Seas, Inshore Water, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kvaerner
- Ramboll
- Mammoet
- Keppel
- Brasbauer
- Wintershall Dea
- MODEC
- SBM Offshore
- BW Offshore
Highlights of The Oil Platform Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fixed Platforms
- Semi-submersible Platforms
- Floating Platforms
- Others
- By Application:
- Lakes
- Inland Seas
- Inshore Water
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Oil Platform Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An oil platform is a floating structure that is used to drill for oil and gas.
Some of the major players in the oil platform market are Kvaerner, Ramboll, Mammoet, Keppel, Brasbauer, Wintershall Dea, MODEC, SBM Offshore, BW Offshore.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Oil Platform Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Oil Platform Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Oil Platform Market - Supply Chain
4.5. Global Oil Platform Market Forecast
4.5.1. Oil Platform Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Oil Platform Market Size (000 Units) and Y-o-Y Growth
4.5.3. Oil Platform Market Absolute $ Opportunity
5. Global Oil Platform Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Oil Platform Market Size and Volume Forecast by Type
5.3.1. Fixed Platforms
5.3.2. Semi-submersible Platforms
5.3.3. Floating Platforms
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Oil Platform Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Oil Platform Market Size and Volume Forecast by Application
6.3.1. Lakes
6.3.2. Inland Seas
6.3.3. Inshore Water
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Oil Platform Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Oil Platform Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Oil Platform Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Oil Platform Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Oil Platform Demand Share Forecast, 2019-2026
9. North America Oil Platform Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Oil Platform Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Oil Platform Market Size and Volume Forecast by Application
9.4.1. Lakes
9.4.2. Inland Seas
9.4.3. Inshore Water
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Oil Platform Market Size and Volume Forecast by Type
9.7.1. Fixed Platforms
9.7.2. Semi-submersible Platforms
9.7.3. Floating Platforms
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Oil Platform Demand Share Forecast, 2019-2026
10. Latin America Oil Platform Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Oil Platform Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Oil Platform Market Size and Volume Forecast by Application
10.4.1. Lakes
10.4.2. Inland Seas
10.4.3. Inshore Water
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Oil Platform Market Size and Volume Forecast by Type
10.7.1. Fixed Platforms
10.7.2. Semi-submersible Platforms
10.7.3. Floating Platforms
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Oil Platform Demand Share Forecast, 2019-2026
11. Europe Oil Platform Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Oil Platform Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Oil Platform Market Size and Volume Forecast by Application
11.4.1. Lakes
11.4.2. Inland Seas
11.4.3. Inshore Water
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Oil Platform Market Size and Volume Forecast by Type
11.7.1. Fixed Platforms
11.7.2. Semi-submersible Platforms
11.7.3. Floating Platforms
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Oil Platform Demand Share, 2019-2026
12. Asia Pacific Oil Platform Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Oil Platform Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Oil Platform Market Size and Volume Forecast by Application
12.4.1. Lakes
12.4.2. Inland Seas
12.4.3. Inshore Water
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Oil Platform Market Size and Volume Forecast by Type
12.7.1. Fixed Platforms
12.7.2. Semi-submersible Platforms
12.7.3. Floating Platforms
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Oil Platform Demand Share, 2019-2026
13. Middle East & Africa Oil Platform Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Oil Platform Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Oil Platform Market Size and Volume Forecast by Application
13.4.1. Lakes
13.4.2. Inland Seas
13.4.3. Inshore Water
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Oil Platform Market Size and Volume Forecast by Type
13.7.1. Fixed Platforms
13.7.2. Semi-submersible Platforms
13.7.3. Floating Platforms
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Oil Platform Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Oil Platform Market: Market Share Analysis
14.2. Oil Platform Distributors and Customers
14.3. Oil Platform Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Kvaerner
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ramboll
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mammoet
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Keppel
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Brasbauer
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Wintershall Dea
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. MODEC
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SBM Offshore
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. BW Offshore
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook